What a weekend for crypto enthusiasts! The Bitcoin price breaks the $ 30,000 mark and sets a new all-time high at around $ 34,400 and there seems to be no end in sight.

But not only Bitcoin saw strong growth over the weekend. The number 2 cryptocurrency by market capitalization has just hit the $ 900 mark.

Although the cryptocurrency is still a bit away from the previous all-time high of around $ 1,300, the chances are good that ETH will see further upward movements in the coming weeks and months.

Ethereum towards $ 1,000

A number of well-known analysts are already loudly writing after a close of over $ 1,000 by the end of next week, as trader yTedd describes in the following tweet.

Buy Ethereum directly Buy Ethereum guide

But not only he is bullish at ETH. The well-known and also accurate analyst CryptoBirb has been publishing analyzes for months that show that Ethereum is well on its way to reaching new highs:

By the way, the trader also suspects a strong increase in Litecoin in the next few weeks (for instructions on how to buy Litecoin with PayPal ).

Altcoins only know one direction today

There seems to be only one direction for the crypto market this weekend. Ethereum is rising by over 20% while Litecoin is also rising sharply and surpassing the $ 150 mark. But the remaining top 10 coins, with the exception of Ripple (XRP), are also making strong profits.

One thing seems to be clear at the moment: the more bitcoin moves, the more altcoins follow suit. PlanB, the developer of the Bitcoin S2F model, released its latest data in a tweet today, as can be seen in the following tweet:

In the graph above you can see the development of the BTC after the halving and it actually seems to be the case that the price is developing as in the last bull cycles. He emphasizes that it is possible that we could see a Bitcoin price of $ 100,000 in the next 3 to 8 months.

Vuonna 2020 sponsorointi virtasi Bitcoinin avoimen lähdekoodin kehittäjille. Mutta tämän suuntauksen ylläpitäminen vuonna 2021 on kaikki vastuumme.

2020 oli unohtumaton, etenkin Bitcoinille

Auttaaksemme muistamaan lukijamme kuluvana vuonna, pyysimme avustajien verkostoa pohtimaan Bitcoinin hintatoimia, teknologista kehitystä, yhteisön kasvua ja muuta vuonna 2020 ja pohtimaan, mitä kaikki tämä voi tarkoittaa vuodelle 2021. Nämä kirjoittajat vastasivat kokoelma harkittuja ja ajatuksia herättäviä artikkeleita. Napsauttamalla tätä voit lukea kaikki vuoden 2020 loppusarjan tarinat.

Tämä vuosi on ollut vuosi, jota kukaan meistä ei unohda pian. Vaikka maailma näyttää kaoottiselta paikalta, Bitcoin löytää edelleen jalansijaansa ja pysyy vakaana, osoittaen kriitikot jatkuvasti väärin.

Mutta asiat muuttuivat paljon myös Bitcoinin ympärillä tänä vuonna. Kolmas avustuksen puolittuminen tapahtui, saimme Bitcoin-hashtag-emojin ja suosikkimme oranssi kolikko näki kasvavan hyväksynnän institutionaalisten sijoittajien keskuudessa . Mutta yksi aihe tarttui minulle todella tänä vuonna: Bitcoin-kehittäjien rahoitus.

Vaikka en ole kehittäjä, mielestäni tämä aihe on erittäin tärkeä jatkossa. Joten halusin käyttää tilaisuutta sukeltaa siihen ja sen historiaan hieman enemmän

Me kaikki tiedämme avoimen lähdekoodin ohjelmistojen merkityksen. Loppujen lopuksi Bitcoin itsessään on ilmainen, avoimen lähdekoodin ohjelmisto (FOSS), johon kuka tahansa voi osallistua (ja tarkastaa). Tämä on tärkeä näkökohta todella kovan ja niukan digitaalisen valuutan luomisessa. Mistä tiedät, mikä se on, jos et voi tarkastaa sitä julkisesti?

Mutta kuka ylläpitää ohjelmistoa? Kuka toimii koodilla, johon Bitcoin on rakennettu? Näet kaikki kommentit Bitcoin Core GitHubissa ( https://github.com/bitcoin/bitcoin ). Bitcoinin hajauttamisen kauneus näkyy myös sen tekijöiden monimuotoisuudessa – se on avoin kaikille.

FOSS-kehityksen rahoitus on aina ollut hieman hankala tilanne. Tiedämme kaikki ohjelmiston tärkeyden, mutta sen avoimen ja vapaan luonteen vuoksi sen rahoittamiseen ei ole paljon kannustimia. Loppujen lopuksi ei ole mitään myytävää, Bitcoin on kenenkään käytettävissä ilmaiseksi.

Ne, jotka ymmärtävät sen merkityksen, ovat aiemmin osallistuneet kehittäjien rahoitukseen, mutta jotain muuttui tänä vuonna. Aikaisemmin suurin osa rahoituksesta tuli pieniltä ryhmiltä tai organisaatioilta (kuten Blockstream, Chaincode, MIT jne.), Jotka palkkasivat kehittäjät suoraan.

2020: Vuoden kehitysavustuksista tuli hienoja?

Tänä vuonna olemme nähneet, että Bitcoin-kehittäjiä on rahoittanut itsenäisesti suurempien organisaatioiden, kuten Square Crypto , OKCoin , Kraken , BitMEX , jne. Apurahojen tai sponsorointien kautta .

Coinbase ja Gemini sitoutuivat rahoittamaan kehittäjiä myös tulevaisuudessa, ja Brinkin kaltaiset projektit rekrytoivat ja kouluttavat uusia kehittäjiä tarjoamalla samalla mahdollisia apurahoja kokeneille avustajille.

Toinen uusi paikka avoimen lähdekoodin kirjoittajien tukemiseen on GitHubin uusi Sponsorit-ominaisuus, joka ilmoitettiin viime vuonna. Yksilöt voivat lahjoittaa suoraan kehittäjille toistuvilla maksuilla tukeakseen heidän työskentelyään Bitcoin Core -ohjelmassa tai muissa projekteissa. Bitcoindevlist.com on verkkosivusto, jossa luetellaan monet yksittäiset kehittäjät ja heidän taustansa sekä linkit heidän GitHub Sponsors -sivuilleen tai BTCPay Server -integraatioihin suoraa maksua varten bitcoinilla.

Kaikki nämä ponnistelut yhdessä ovat tehneet tänä vuonna merkittävän askeleen eteenpäin Bitcoin Core -apulaisten tärkeän työn rahoittamisessa.

Bitcoins 2020-økning har betalt mektig avkastning til alle som brukte stimulanskontanter på det. Kunne handelsmenn være så heldige å investere ekstra penger i Bitcoin, gjenta prestasjonen med neste betalingsrunde?

  • Å kjøpe BTC til en verdi av 1200 dollar 15. april ville gitt deg 4200 dollar + i verdi i dag.
  • Den amerikanske regjeringen tildelte stimulansbetalinger på opptil $ 1200 for enkeltpersoner i april.
  • En mindre andre runde med amerikanske stimulansbetalinger ble godkjent denne uken.

Prisen på Bitcoin satt på $ 6,629 den 15. april

Med en andre runde med stimulansbetalinger – om enn halvstore – godkjent av USAs kongress denne uken, er det fornyet prat over de potensielle mulighetene for amerikanske borgere til å bruke sine pandemidrevne offentlige betalinger for å kjøpe Bitcoin.

Som Twitter-kontoer som BitcoinCritics og BitcoinStimulus påpekte denne uken, ville det $ 1200 individuelle stimulansbeløpet som ble investert i Bitcoin 15. april være verdt mer enn $ 4200 i dag, takket være en prisstigning på 350% i kryptokurrency.

Prisen på Bitcoin satt på $ 6,629 den 15. april, ifølge CoinGecko, med verdien fortsatt redusert av midten av mars markedskrasj da COVID-19 begynte å påvirke Vesten. I skrivende stund er prisen på Bitcoin Loophole nå $ 23382 etter en nylig bull run som så en heltidspris på $ 24225 satt denne søndagen.

De første amerikanske stimulansebetalingene gikk ut i midten av april, med opptil $ 1200 betalt per kvalifisert individ og $ 2400 for ektepar, med $ 500 for mindre pårørende.

Det nylig passerte stimuleringstiltaket vil tildele ytterligere $ 600

Det nylig passerte stimuleringstiltaket vil tildele ytterligere $ 600 maks til kvalifiserte individer og $ 1200 til ektepar, med $ 600 for mindre pårørende. Betalinger vil bli sendt i løpet av de neste ukene, men noen som mottok den første stimulansbetalingen, er kanskje ikke kvalifiserte denne gangen, takket være strengere regler for inntekt og status.

Kort tid etter den opprinnelige runden av amerikanske stimulansjekker, sa analytikere til Decrypt at regjeringer som „skriver ut penger“ for å håndtere pandemien, til slutt kan være til fordel for prisen på Bitcoin. Noen 8 billioner dollar i stimulansbetalinger hadde allerede blitt vedtatt av globale myndigheter fra 1. mai, og den økende statsgjelden og avskrivning av fiat-valuta skapte en moden situasjon for økt interesse og verdi i kryptovalutaer.

Med en mindre andre runde av amerikanske stimuleringskontroller og COVID-19-vaksiner som ruller ut over hele kloden, vil investering av $ 600 i Bitcoin nå gi omtrent samme avkastning åtte måneder senere?

Betalinger skal begynne å rulle ut i januar, så spør oss igjen i september 2021. Crypto Twitter vil uten tvil følge med på det.

Un vol d’électricité historique lié à une ferme minière illégale de bitcoin dans un village bulgare

Une ferme minière illégale de Bitcoin a été découverte dans un village bulgare
Un vol d’électricité historique lié à une ferme minière illégale de bitcoin dans un village bulgare

Le groupe CEZ, l’un des plus grands exportateurs d’électricité en Europe, a récemment découvert son plus grand vol d’électricité en Bulgarie à ce jour.

Selon un rapport publié par Vesti, il a été retracé Bitcoin Rush jusqu’à une gigantesque ferme minière de Bitcoin dans le petit village de Herakovo.

Plus de 1 000 mineurs ASIC – qui étaient furtivement cachés dans une dépendance de la ferme coopérative du village – ont été illégalement connectés à un réseau de moyenne tension. Tous ont été saisis par la police.

L’exploitation minière de bitcoin

La quantité d’électricité volée par l’exploitation minière illégale serait suffisante pour alimenter environ 4 250 familles en électricité pendant un mois entier.

Pourtant, l’entreprise affirme être capable de détecter rapidement les pertes de réseau et de trouver des endroits présentant de telles anomalies grâce à des technologies en constante évolution. Son service antivol a immédiatement commencé à enquêter sur la situation à Herakovo dès qu’une consommation anormale d’électricité a été détectée.

  • Lire aussi „Free“ Bitcoin : un politicien hongrois pris en flagrant délit de vol d’électricité dans une mine de la BTC
  • Bitcoin „libre“ : un politicien hongrois pris en flagrant délit de vol d’électricité dans une mine de la BTC

La Bulgarie est un énorme hodleur de bitcoin

La Bulgarie, un pays de sept millions d’habitants, fait fréquemment la une des journaux en raison de ses mineurs de monnaie cryptographique douteux.

En octobre, le ministère américain de la justice (DOJ) a saisi une opération massive d’extraction de bitcoin dans le cadre de sa répression de l’organisation criminelle transnationale QQAAZZ.

En août, deux hommes bulgares ont été arrêtés pour avoir volé pour 1,5 million de dollars d’électricité dans le cadre d’une opération minière de bitcoin dans la petite ville de Kyustendil.

Cependant, le fait le plus frappant concernant l’industrie de la cryptographie en Bulgarie est que son gouvernement serait assis sur une fortune de 3,8 milliards de dollars de Bitcoin après avoir saisi 213 519 BTC aux escrocs de la fraude douanière.

Principais destaques:

  • Analistas da JPMorgan sugerem que a Bitcoin poderia se beneficiar em detrimento do mercado de ouro nos próximos anos
  • Os analistas observaram que os fundos têm fluído para produtos de investimento Bitcoin enquanto ETFs de ouro têm registrado vazões
  • Entretanto, as perspectivas a curto prazo poderiam ser mais favoráveis para o ouro

Os analistas da JPMorgan dizem que o Bitcoin poderia ter um impacto negativo nos mercados de ouro

Um novo relatório do gigante bancário JPMorgan Chase sugere que o Bitcoin poderia comer a fatia de mercado do ouro à medida que os influxos de produtos de investimento Bitcoin aumentam enquanto os fundos saem do ouro. Como relatado pela Bloomberg, os estrategistas quantitativos do JPMorgan esperam que esta tendência continue avançando. O preço do ouro pode ser afetado negativamente se os investidores optarem por fazer até mesmo pequenas reduções em suas alocações para o ouro em favor de estacionar algum dinheiro em criptografia.

Os analistas também observaram que a adoção do Bitcoin pelo lado das instituições ainda está em seus estágios iniciais, deixando a porta aberta para um maior crescimento:

„A adoção do bitcoin por investidores institucionais apenas começou, enquanto para o ouro sua adoção por investidores institucionais está muito avançada“.

Os analistas contrastaram o crescimento do Grayscale’s Bitcoin Trust com a diminuição dos ETFs de ouro – enquanto o produto da Grayscale registrou quase US$ 2 bilhões em influxos desde outubro, US$ 7 bilhões saíram dos ETFs de ouro no mesmo período de tempo.

Grayscale informou em um tweet de 8 de dezembro que seu Bitcoun Trust agora tem um AUM (ativos sob gestão) de US$ 10,4 bilhões.

Enquanto Bitcoin parece estar bem posicionado contra o ouro na visão de longo prazo, a perspectiva de curto prazo poderia ser mais favorável para o ouro, de acordo com os analistas da JPMorgan. O mercado de Bitcoin está em alta e poderia ser corrigido – a maior moeda criptográfica do mundo ganhou 76% nos últimos 3 meses. Enquanto isso, os mercados de ouro poderiam ter algum alívio após o desempenho moderado do ouro.

Os proponentes do Bitcoin às vezes apresentam o Bitcoin como „ouro digital“, devido a suas propriedades únicas como um limite máximo de fornecimento e emissão previsível. A BTC também tem sido discutida ao lado do ouro por grandes nomes do mundo dos investimentos, incluindo Paul Tudor Jones e Stanley Druckenmiller.

After a mixed week before, the vast majority of Altcoins increased in value and thus followed the price development of the crypto key currency Bitcoin (BTC).

Any attempts by the bears to initiate a major correction in the rate of the key currency Bitcoin (BTC) have so far failed

The price setbacks triggered by this for many Altcoins are also used to a large extent as entry opportunities. This bullish basic tenor increases the chances of a sustained rally in the overall market. Positive news about the increasing interest of other institutional investors in cryptocurrencies is also encouraging many investors in their crypto investments.

There is still great investor interest in the area of decentralized finance (DeFi) . The prices of Sushi (SUSHI) and Aave (AAVE) continue to show high volatility and are again among the top performers this week with strong price increases. In particular, a sustained stabilization of the Bitcoin System exchange rate above 18,000 US dollars should consolidate the positive development on the overall market.

After a slight consolidation including a retest of the breakout level in the previous week, the price of Litecoin can rise again this week towards the annual high

Although the LTC price did not manage to break the high of 93.92 US dollars, the price is currently trading again above the EMA20 (red) at 82.45 US dollars.

Bullishe Variant (Litecoin)

If Litecoin can break through the resist at $ 84.97 in a timely manner, the resistance at $ 89.97 and the annual high at $ 93.92 will come into focus. If this strong resist area is overcome by the daily closing price, a rise to the 61 Fibonacci retracement at 98.47 US dollars should be planned. If the mood on the overall market remains bullish in the coming days, a subsequent rise in the direction of the 70s Fibonacci retracement at 108.36 US dollars is also conceivable. If the bulls manage to overcome this resistance level dynamically, the LTC rate should rise to around 125.59 US dollars in the medium term. Only when this important resistance level is overcome by the daily closing price, the maximum price target of 144.54 US dollars moves into the focus of investors.

Kaspersky Lab: Bitcoin owners could become attractive targets for cybercriminals in the post-COVID economy

According to a new report published by IT security firm Kaspersky Lab, crypto-currency fraud and theft are likely to increase in the post-COVID-19 world.

Securelist, Kaspersky’s cybercrime research branch, has published a report on cyber threats to financial organizations, highlighting some types of financial attacks that are likely to see a sharp increase in 2021.

The researchers predicted that a wave of poverty caused by the COVID-19 pandemic will inevitably lead to „more people resorting to cybercrime, including cybercrime“. This could also mean an increase in Bitcoin-related crime (BTC).

According to the conclusions of Kaspersky’s research branch, Bitcoin will probably be the most attractive asset for cybercrime, being the most popular digital asset on the market. The report explains:

„We may see some economies collapse and local currencies plummet, events that would make the theft of Bitcoin much more attractive. We should expect more fraud, targeted primarily at BTC, being the most popular cryptocurrency“.

In addition, Securelist researchers have suggested that cybercriminals might start using more privacy-focused digital assets like Monero (XMR). According to the company, this transition will occur because of the increased „technical capabilities of monitoring, de-anonymizing and seizing BTC.

The Securelist report adds:

„We should expect cybercriminals to switch to intermediate cryptocurrency for ransoms imposed on victims. We believe they may switch to other currencies with enhanced privacy, such as Monero, to be used first as an intermediate currency from which to convert funds into any other chosen cryptocurrency, including BTC“.

As previously reported by Cointelegraph, crypto-related crimes decreased significantly in 2020; however, some areas, such as decentralized finance, have become new hotbeds for criminal activity. According to a report published by Atlas VPN, crypto and blockchain-related hacks are likely to continue and decrease in 2021.

Crypto security firm CipherTrace has issued an alert. Phishing attacks are on the rise among MetaMask users. Here’s how to protect yourself.

Beware of phishing if you install MetaMask

As this CipherTrace report details , complaints about this phishing method , or phishing, using the name MetaMask, have skyrocketed in recent days. The victims installed an extension that masquerades as the MetaMask crypto wallet in Chrome.

Where the method is particularly effective is that it uses advertisements on Google . As Immediate Bitcoin reported yesterday, a careless user might click without thinking on the first sponsored link that comes up:

“Google allowed a phisher to buy sponsored ads on their search results. If you are using crypto s , try not click on direct links , and if you use the search beware of sponsored links! “

Fake site and recovery phrase

If you click on the fake advertisement, you end up on an additional site, called „installmetamask“. It looks like the official MetaMask website in every way:

Metamask phishing site

If the user clicks on the installation link, they are prompted to enter their recovery phrase . Its MetaMask wallet is then emptied by the people behind this phishing site.

MetaMask’s product manager, Jacob Cantele, explains that the company has tools in place to detect these types of phishing sites, but there are just too many of them :

“How can we improve ourselves? We currently have warnings posted in multiple places on our product, we maintain a phishing detector that alerts tens of thousands of malicious sites, we regularly run security-related marketing campaigns, and we have legal resources to try to bring down these sites. „

So be careful where you click. We also remind you that you should never communicate your recovery sentences if you are not sure that your interlocutor is legitimate.

La prévision du prix des bitcoins à 20 000 dollars semble exagérée dans un contexte de baisse des prix

Une reprise en V est peu probable car le prix s’approche du niveau de soutien de 16 500 dollars
L’augmentation des ventes et les indicateurs techniques baissiers freinent la hausse des prix
La CTB/USD est confrontée à une forte pression de vente près de 17 000 dollars

Les prévisions du prix des bitcoins restent baissières, le prix stagnant près de 16 100 dollars de soutien

Les espoirs d’une reprise en forme de V s’évanouissent rapidement alors que le prix des Bitcoin Lifestyle lutte pour franchir la résistance de 17 000 dollars. L’action d’achat de la baleine est évidente près de 17 000 $, mais les ours ont réussi à transformer le point de pivot en une destination de vente. Les graphiques horaires à court terme sont sur le point d’achever le mouvement baissier des prix, et les bas plus élevés signalent que le ralentissement est proche de l’épuisement.

L’activité sur la chaîne montre que les ours sont toujours en charge de l’action sur les prix. La prévision du prix des bitcoins reste également baissière, car la paire semble subir davantage de corrections avant de reprendre la tendance haussière quotidienne vers des niveaux plus élevés. Une fois que le prix du Bitcoin aura dépassé le niveau de 18 000 $, le rallye haussier de novembre sera de nouveau en action pour viser des sommets historiques.
Mouvement du prix du bitcoin au cours des dernières 24 heures – Consolidation près de 16 500

La hausse parabolique de la prévision du prix des bitcoins a été bloquée près du niveau de 19 000 dollars, car les indicateurs techniques surachetés ont envoyé des signaux clignotants. La dynamique créée au cours des semaines précédentes a amené la CTB à se rapprocher de ses plus hauts niveaux historiques. Cependant, avant que nous puissions voir 20 000 $ sur les graphiques, le glorieux rallye était en voie de correction. La prévision baissière du prix des bitcoins a pris le dessus, et maintenant le prix avoisine les 16 880 $ après avoir touché un creux de 16 214 $.

Au cours des dernières 24 heures, le prix du Bitcoin est resté stagnant à près de 16 880 $. Cependant, la pression de vente excessive s’est atténuée pour faire place à des bougies plus prévisibles. Le prix se situe dans les bandes de Bollinger étirées et tente d’atteindre le milieu des bandes à 17 500 $. La CTB essaie sans aucun doute de s’éloigner des 16 200 dollars et s’est légèrement remise de la baisse de 15 %. Le marché plus large de la cryptographie est également relativement calme, et les prix se redressent sur l’ensemble du spectre de la cryptographie.
Graphique BTC/USD sur 4 heures – Les pousses vertes remplacent les bougies rouges dans les prévisions de prix de Bitcoin

Les énormes „murs d’achat“ construits par les taureaux n’ont pas soutenu le prix. Le BTC/USD est passé de 17 100 $ à 16 200 $, et le point de pivot vital a été perdu en quelques heures. Les taureaux devaient stabiliser la chute entre 18 350 et 18 720 dollars. La chute en dessous de la fourchette cruciale a marqué le début de la phase baissière prolongée.

La panne a entraîné un effet en cascade qui a fait chuter plusieurs niveaux de soutien. La réaction en chaîne à la baisse a fait approcher le prix du soutien de 16 200 $, où la baisse s’est stabilisée. Comme les traders anticipent un mouvement à la hausse, le prix doit franchir la barre des 18 000 $ pour inspirer confiance à l’opérateur. Une hausse du RSI et du MACD indiquerait d’abord un renversement de tendance sur les graphiques horaires. Les corrections du marché sont généralement brutales, et le prix peut prendre une trajectoire en zigzag avant d’établir une trajectoire ascendante.

La capitalisation boursière totale de Bitcoin est également restée stagnante, à près de 400 milliards de dollars. La capitalisation boursière se rapproche également du niveau de retracement de Fibonacci de 1,618 des plus hauts de tous les temps. Le milieu des bandes de Bollinger sur le graphique de 4 heures se situe autour du niveau de 17 830 $. Le prix doit dépasser la marque du milieu et aussi l’EMA 9 jours au niveau de 17 034$. Heureusement, la bande de Bollinger supérieure est toujours à portée d’un sommet historique à 19 996 $. Par conséquent, un cycle haussier sain commencera lorsque le prix franchira la résistance de 17 500 $ avec un fort élan d’achat.

Conclusion de la prédiction du prix des bitcoins – Les ours ne lâcheront pas facilement

Le prix du Bitcoin est fermement en prise avec la baisse, et les ours ne le lâchent pas d’une semelle. Ils profiteront de la correction tant attendue et pousseront le prix vers un support inférieur de 14 000 dollars. Cependant, les taureaux réagiront fortement au-delà du niveau de 16 100 dollars, où un achat fort peut se manifester. Le support journalier proche de 15 800 à 16 200 dollars aidera la paire à poursuivre sa vente.

Les indicateurs techniques à court terme sont orientés vers le sud. Le SMA à 10 jours est orienté à la baisse et la récente reprise n’a pas eu d’effet positif. D’un point de vue technique, les prévisions du prix du Bitcoin restent baissières sur le front horaire.

Toutefois, les marchés baissiers peuvent être agressifs, et la paire n’hésitera pas à glisser encore plus si les taureaux restent hors du tableau. La forte baisse des prix en novembre 2018 est survenue après la forte augmentation de la CTB dans les mois précédant la chute. Cependant, cette fois-ci, le rallye des bitcoins repose sur des facteurs fondamentaux et techniques.

Apple has always been hostile to applications dedicated to cryptocurrency. On its App Store, the American firm imposes a battery of very strict rules on crypto services available on iOS under the pretext of protecting users. But for Coinbase, the iPhone maker mainly seeks to protect its own financial interests. And Apple is not alone in the case. Explanations.

Coinbase accuses Apple of slowing down cryptocurrency adoption

On September 11, 2020, Brian Armstrong, CEO of Coinbase , posted a broad rant against Apple on his Twitter account. The founder of the exchange accuses the smartphone maker of wanting to curb the adoption of cryptocurrencies .

For the leader, the smartphone giant is preventing application developers, as well as iPhone and iPad users, from generating money with Bitcoin Trader for no good reason.

“Why would Apple want to prevent people from making money during a recession? They seem to disagree with it if people go through cryptocurrency, ”Armstrong regrets.

The CEO of Coinbase especially regrets that Apple prohibits users of crypto applications from generating crypto-assets with their devices . Apple thus prohibits applications that mine cryptocurrency by relying on the power of the iPhone processor. To be accepted on the App Store, the application must perform the calculations necessary for cryptocurrency mining on remote computers.

A few weeks earlier, Brian Armstrong already regretted that Apple was blocking decentralized applications (decentralized applications in English, abbreviated as dApps) from the App Store in another thread on Twitter. To comply with Apple’s policy on its store, Coinbase has also had to remove the decentralized applications browser (dApps) from Coinbase Wallet . Based on a blockchain, dApps are resistant to censorship. They offer a multitude of different offers to people interested in cryptocurrencies. For example, services like Maker allow you to borrow stablecoins .

“Apple told us that we can’t provide a list of decentralized apps (which are really just websites) to iOS users,” the Coinbase executive continued.

To better understand the bans put in place by Apple, Coinbase called the Californian giant to account. The firm’s response was terse: “Your application offers cryptocurrency transactions in software that is not integrated into the application, which is not appropriate for the App Store” .

Apple visibly refuses that iPhone users are relayed to services not included in iOS . Likewise, the firm prevents its users from installing applications outside of its App Store. True to its reputation, the firm founded by Steve Jobs seeks to control the user experience on its devices from A to Z.

The restrictions imposed by the App Store

In fact, Apple has set up ultra rigid regulations for developers wishing to offer applications on the App Store. Thus, Apple notably prohibits applications which are not finalized, which incite hatred, which do not sufficiently detail their operation or their usefulness or which request access to user data without a valid reason. Finally, the firm also excludes applications that highlight terms such as „free“ in a too ostentatious way. Apple believes that these terms could be used to mislead iOS users.

In order to protect its users from viruses, scams, or poor quality services, Apple requires developers to submit their apps to a team of moderators . These will ensure that all the rules of the App Store are respected. To verify that the submission is not from automated software, Apple then assigns an employee to contact the developers by phone.

“When users install an app from the App Store, they want to be sure that it is safe to do so, that the app does not contain shocking or offensive content, will damage their device, and cause no physical damage when in use, ”Apple argues in the list of rules imposed on developers.